Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$178,037$178,037$427,500
Remaining term (yrs)14.814.830.0
Secondary amount$0$249,463$0
Funding fee$890$890$0
Note rate2.930%2.930%7.400%
Blended rate2.930%5.743%7.640%
1st payment$1,228.95$1,228.95$2,959.92
2nd payment$0.00$1,611.11$0.00
Taxes / mo$447.50$447.50$447.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$85.50
HOA / mo$27.08$27.08$27.08
Total monthly$1,870.20$3,481.31$3,686.67
Cash to close$296,963$47,500$47,500